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    Corbion targets clean label amid diversification push

    09 January 2018
    In November 2017, the management of ingredient supplier Corbion named “Creating Sustainable Growth” as its aim in its strategy update for the period 2018 to 2021. The new strategy aims to deliver higher organic sales growth of between 3 and 6 percent annually, as the company looks to evolve ever further beyond its traditional base of lactic acid and lactates.
    Illustrative of the company’s diversifying ingredient portfolio, last year Corbion acquired TerraVia for US$20 million, to acquire a broad and diverse platform centered on innovative food and specialty ingredients derived from microalgae.
    FoodIngredientsFirst spoke to Ruud Peerbooms, Senior Vice President for Food at Corbion about the current market environment and growth platforms for the company.